skysight-inc/HackerNews huggingface dataset:
I’m in the industry too.

Average PnL per share traded for a firm doing okay is about $0.001. A decent size firm might do 4% of ADV. Tape A trades about 1.5 billion shares per day. That’s 21 million annual trading revenue.

GME traded 1 billion shares in the past week. PnL per share has been averaging close to $0.40. At 6% ADV (HFT market share spikes during volatile periods), that’s 24 million in revenue.
First, I am not arguing that WSB is engaging in fraud or misrepresentation, as is alleged with Ackman. That is entirely different from the activity I am alleging is being done on WSB (by a subset of posters).

> This is essentially Reddit saying "This stock is going up, so buy options to exacerbate that and to profit." No misrepresentation.

I see threads where WSB is saying "This stock is going up, and if we make it go up more, hedge funds & market makers will have to buy more stock to cover their short positions, and therefore it will go up even further [and we will make more money]." That's the manipulative part — creating artificial prices to induce even more demand.
Pelosi says Congress will be part of GameStop scrutiny
I never understand what people mean by this. Are you following all of her work? What exactly are you expecting? She's done quite a bit of work, but as you can expect, trying to implement policies you really believe in that aren't popular with the population on the whole is an incredibly difficult task.
You cannot expect a company that's built most of its hype by profiting from uneducated "traders'" naivety to be fair to them when the seas are rough.
I think fast cryptocurrency transactions is going to help a lot. I am really hopeful about Ethereum 2.0 because I think it has the right technical approach, leadership and will have the momentum to get widely rolled out.
I don’t agree - if this were the case we wouldn’t have EVs or a charging network at all.

Tesla built this in spite of all the attacks against them, at this point it should be their competitive advantage.

I’m sure the others will try and complain that it’s unfair to customers now though that they’re screwed.
Reducing Technical Debt
Should’ve been a bigger deal when TD Ameritrade did it yesterday because that just gave Robinhood the precedence to do the same.
I see FOSS as more of a marketing tool for profit-motivated entities / founders. It's the modern, marketing equivalent of a limited, free trial for software. But, ultimately, if your company is owned by shareholders, their motives are your motivations. When the money matters more, this is what you get.

FOSS is all about idealism. It's hard to retain your idealism when someone is waiving $1+ billion dollars in your face with one hand and holding a loaded gun to your head with the other.
The last year had been like a fire hose of red pills aimed right into the face of regular people.
How the GameStop game will stop
Again, is this based on any real legal foundations, or on what you think the law should be?
Daje and how we invented proximity e-commerce
This is kind of what I mean. This is not a flag to rally behind. Maybe for nerds, not for our society. Even then it isn't a flag. It's a refuge.

This is what I mean by "failure" to get into political consciousness and politicians heads... If you want to be free you need the freedom of others. Hiding in technical bastions is like praying in secret. Freedom of religion it isn't, even if it's better than nothing.
Black over-80s 'half as likely' to have been vaccinated
This is all "speculation". You're not basing the stock price on earnings but intangibles. You believe there is a disconnect between the long term value of Tesla and it's current price based on your perception of market factors. Every single point you made could change in 6 months for reasons and negatively affect Tesla. Ford could come out with a contract to install electric charging stations throughout the US. Federal regulators could insist that all future EVs have a standard charging port/platform resulting in industry cooperation.

My point is, "the short sellers are all fucked if we keep buying this and we will make money" and "Tesla is run by a godbrain and can't fail" are the same thing: speculations, not spreadsheets.
If you read this drivel, and don't close your Robin Hood account today, then you're part of the problem. I closed mine and I hope everyone else does too.

I read a comment on reddit recently that is pertinent. The prey in Africa, ie. wildebeests and buffalo, are extremely powerful. But a handful of lions make them scatter out of fear. But if the prey were more organized, they could trample every single one of those predators to the point where they could kill them off. It's the power of organization that helps the prey defeat the predators. This is the exact same thing here. As long as a handful of billionaires tell the retail investor what to do, the billionaires will keep making money off of them.
The SEC is definitely investigating all involved parties and it is far far too early to talk about law enforcement's reaction.
Toyota et al are great at press releases and compliance cars. The fundamental difference is Tesla sees these things as opportunities and the old guard sees them as annoyances they have to feign concern for. That's why Tesla is eating their lunch. Walmart was always just about to crush Amazon...
Selling when others are prevented from buying is not in the interest of the seller.
Would the stuff you have on Github be a fair representation of your ideal way of writing a web UI?
Wasmer Python Embedding 1.0
They definitely had issues with the central screens bricking because of the eMMC failing due to excessive writes.
This is what they are working on and what is referred to as the 'software fix' that was done.

In reality these systems were meant to be redundant, and not linked together, so they're taking a sensor meant for a failover system and combining it into a single system to create this 'workaround'
This post is part of a 3 part series about technical debt, and starts out with a hard truth:

"...the more the maintenance load outstrips the current team, the harder it is to get back to a good spot."
>Point of Fact: 68% of voters had never heard of the Hunter Laptop on election day.

Do you have a source for that? I'm interested to read more about that.
Looks similar to Bigfoot in the late 90s&2000s
Completely. Their latest fear tactic? Everyone has been locked into only selling at a low by the trading apps and the shorts have driven the price down in a last ditch desperate attempt to shake WSB and the GME holders.

This is what happens when someone (hedge funds like Melvin Capital, et al in this case) is caught with their pants down and tries to do everything they can to get their way; with also their accomplices. (I'm sure you can think of another similar event of this happening).

One more thing. GME is 'going' up. (Again)

Can't stop, Won't stop, Next stop, Game Stop, Full stop.
I'm trying to understand this but I'm not sure I'm following.

As far as I understand as a complete beginner in 3D rendering:

Regular 3d models/meshes are just a collection of points/triangles in a 3d plane, along with some additional data like normal orientations. For rendering, the mesh is constructed and then rendered with some perspective/distance/occlusion settings etc. for each pixel painted on screen.

This format isn't a discrete collection of points but some data set where every point queried during 2d painting returns a distance (if it exists) based on some function or ML algorithm, basically returning a point cloud?
RH makes money by selling data to investment firms, not off individual trades/fees.

If their customers - the firms that pay them, not app users - see the RH platform as a threat to their business they could pull the plug[0]. Or if this prompts regulators to examine RH and similar products.

The risk isn't in the outcomes of options/trades; its risk to their business model.

[0] RH's customer are actually market makers, who by and large will be profiting heavily off of this.
Release (YC W20) Founding Engineer Talks Joining a YC Startup During Covid
Surprise also how much conspiracy is being upvoted here.
The Varieties of Interpreting Aquinas
JFTR, I'm not an author, but spotting this project for more than a year.

Take a look on slides published by Marek Cel (author) on Scribd.[0]

Beside `mscsim`, there is also `mscsim-cc0` — fully Public Domain version of this flight simulator software kernel.[1]

Also, author developed arcade-style flightsim game for Andorid (and probably for other platforms, as it is pure Qt project).[2,3]

[0] https://www.scribd.com/user/458580892/Marek-Cel

[1] https://github.com/marek-cel/mscsim-cc0

[2] https://github.com/marek-cel/fightersfs

[3] http://marekcel.pl/?lang=en&page=fsg
Pretty sure what the WSB traders were doing could qualify for market manipulation and various securities frauds in broad daylight.

I honestly hope not, and that RHb etc are in the wrong. But it’s sure to be informative anyway.
Usually it's the exchange that halts or throttles trading.
My experience as well, until the first time I got funded.

After a success under your belt, it's easy to keep going and get more funding. There's no shortage of capital looking for people to fund right now (it goes through spells).

The first time I got funded, it was through a rich elite idiot's social connections (CEO). CEO was a sleazeball, and got all the financial and most of the branding benefit of the venture, despite doing no work. I launched a successful business with CEO as the figurehead, and in the process, I got:

1) Connections and network

2) Visibility and branding

3) Stepping through the process once. Moonlighting can be enough time if you're efficient (which you can't be if you're muddling through figuring stuff out)

It was a stepping stone towards financial stability, and I'm much closer. Socioeconomic mobility is a process. Some people get lucky, of course, but for the most part, there's a pathway from:

1) Unskilled labor; to

2) Professional labor loaded with student loan/mortgage debt; to

3) Financial stability; to

4) Being able to launch high-risk high-reward ventures

That's possible, but it generally takes a few generations:

* It's possible for someone without an education to send kids off to college through public schools, but they'll have a hard time competing with kids who were exposed to advanced tutoring, math, STEM, makerspaces, etc. from an early age (children of professionals)

* It's possible for first-generation professionals to network into power networks and achieve financial stability, but they won't be in a place to quit a job and launch a new venture.

* And it's possible for children of professionals to then (finally) engage in a few high-risk high-reward projects until one pays off....
TestRigor
How is testRigor different from Cucumber/Gherkin?
> Or is it normal for brokers to independently halt trades on stocks they deem too risky?

Yes. It is exactly normal.

One. Brokers are required to act in the best interests of their clients. What is that? Well...

"A broker who becomes a fiduciary of his client must act with utmost good faith, reasonable care, and loyalty concerning the customer’s account, and owes a duty to keep informed regarding changes in the market which affect his customer’s interests, to act responsibly to protect those interests, to keep the customer informed as to each completed transaction, and to explain forthrightly the practical impact and potential risks of the course of dealing in which the broker is engaged."

— Rupert v. Clayton

Two. Robinhood is already under scrutiny already for trying to gamify trading, on the premise that it encourages people to treat things like a casino and lets them get hurt in the name of their own profit. They are on thin ice as it stands.

Three. This whole thing is going down like the Pequod, complete with the impassioned revenge monologue. "To the last I grapple with thee! From hell's heart I stab at thee! For hate's sake I spit my final breath at thee!"

If Robinhood didn't do something, they would soon learn what the true wrath of the regulators really looks like. Much, much better to drop Gamestop like a hot potato.

Some recent examples of similar actions: https://www.reuters.com/article/us-tvix-brokerages/schwab-co...
As someone without any skin in the game this has been really entertaining.
Apparantly they're letting people close out their position, but how are you supposed to do that when no one can buy it from you?
Do I install an app for many other things I do online? Erm, yes!

Fair point on the need to be online to use the service. However, not unusual these days.

Your last point? I have similar feelings towards Tesla putting a hard dependence on someone having a Tesla in order to charge up.

But anyhoo.
Toyota is always a decade behind, it is part of their value proposition. Bronze tools were better than iron for over a century after iron was commonplace. Toyota has a very conservative engineering culture. And the idea is that it makes for more reliability.

The overvaluation of tesla is just an extreme example of the overvaluation of the whole market. Every stock has a decade or two of growth baked into the current price instead of people paying what it is worth today. Tesla probably will be worth its stock price in less than 20 years, but why are we paying for future gains? What happened to the time value of money?
Yes, I agree. Also add to the list: laugh at, look at, downvote, whisper, cough and point to. All of this triggers my poor snowflake millenial mind.
https://youtu.be/gjufYwIbITw
Johnathan Haidt with Andrew Yang
I'm not really sure what the point you're trying to make is considering that Apple already sells premium plastic products... the AirPods.
My signal is set to backup my message db daily. it works, but its a hell of a key to type if I lose my current phone, and need to restore.

https://support.signal.org/hc/en-us/articles/360007059752-Ba...
Station Iapetus: 3rd person shooter in Rust using rg3d
Wait... What about AAL? I've been holding AAL for 6 months now :/
> Legacy companies want profits which are rising, to please the stakeholders.

How are RIM or Palm’s profits these days?

I don’t agree about hydrogen and I think the EV market has proved the point by now.
so has Interactive Brokers and a few others.
From interacting with other owners, I'd say there's little chance of that. I see a few anecdotal reports of major issues, but no more frequently than I've seen with some other major brands.

Although there are way more horror stories in dealing with service than there should be. They are really hard to contact and communicate with.
Reminds me of how a casino can kick anyone out just because they are winning too much. I think everyone knows that the stock market is rigged but moves like this just completely drop any kind of pretense.
Because Tesla is not about panel gaps, they're about electric cars. I don't like some of their auto-pilot marketing and the cult status of Musk and the brand, but say what you want, they are so far ahead any other brand when it comes to electric cars, that it's not even a contest any more. And right now, electric cars are seen as the future, so of course they are seen as a good investment.
If not criminal it sounds like a class action lawsuit.
Drone Swarms Are Getting Too Fast for Humans to Fight, U.S. General Warns
Github is a hosting service built around git. Likewise, gmail is a service built around e-mail protocols. It's fine for services like these to exist because you have a choice of whether you want to use them or not to facilitate the use of the underlying protocol (you are free to set up your own e-mail server if you want, and doing so does not prevent you from communicating with users who choose to use gmail).

I think rather the big issue is, for instance, the use of Facebook Messenger for IM. If everyone I know uses it, I have no choice but to use it too because there is no underlying protocol behind it.
> Advocating for more of it means you're advocating for giving more power to the companies who fucked up the system in the first place.

You mean that in the current framework right? Because in the proposed framework in the article more speech does not lead to more power to the companies.
I have no experience with co-op’s other than my credit union (which is great), but it would seem that the time is ripe for co-op’s to add a “new” dimension to the economy: salary caps for managers and a broader share of profits among the owner-operators of the business. What’s not to like about that? Technology is surely available to make this possible. Can people resist the kind of greed that destroyed unionized labor to make co-op’s work for everyone’s benefit?
> Or is it normal for brokers to independently halt trades on stocks they deem too risky?

Absolutely not, and I almost typed "LOL" in front of that because your question - while genuine and sincere - is so ridiculous in the context of the stock market that it actually made me laugh out loud.

Brokers are more than happy to allow unsophisticated investors to buy or sell any stock. They won't let you use sophisticated products like options, etc., but simple buying and selling? Absolutely. What's happening here is simple. The wrong people are getting rich. The wrong people are losing money. That cannot be allowed.

There is something called the "pattern day trading rule" wherein someone buys and sells the same security several times and their ability to buy and sell gets restricted, but that's not what's happening here. People wanting to buy $GME are wanting to buy and hold. Not sell.
While the title might be true for the "amateur investors" that got in early, I strongly believe that most of them are not outwitting anyone and will be bagholders. As of this post basically everyone who bought yesterday are underwater by 50%.
This doesn't follow, Mumble (open source voip) do exactly the same thing with the Speax codec in their settings
Yeah, one of the best companies I worked for had a referral payout. It was primarily because they were growing so rapidly and were having trouble finding good people.

The referral only got paid out after the person passes the 3 month probation period.
Latter Day Saint (Mormon) lifestyle reduces mortality rate (2008)
> you will see advertising from big shot lawyers on national TV welcoming you into class action lawsuits

Like all darling start-ups, Robinhood has a section of its terms of use whereby users give up their right to sue.

Because courts are only for the rich and those with the power to negotiate. The rest of us clicking on take-it-or-leave-it contracts can pound sand.

Section 38: https://cdn.robinhood.com/assets/robinhood/legal/Robinhood%2...
Just waiting for my trades to close so I can cash out. I was only holding VTI and a tiny amount of BTC, so I have no horse in this race, but I'm certainly not waiting for them to pull other shenanigans on me.
What's more, they make it clear they really don't support free speech at all, based on the arbitrary limits imposed in that rant.

The whole point of truly free speech is that people can use it for stuff you disagree with deeply.
Afaict, the missing piece that undermines this is a mechanism to uniquely identify users.

I don't mean that more than one entity needs to know a user's name (in fact, you could probably create a system where nobody can realistically retrieve a user's name), or personal information.

If you don't know whether you've seen an account before, though, how can you effectively deter bad actors? Not much of a ban if someone can create a second account and resume the same unwanted behavior.
I think the problem boils down to 'product' vs 'project.' Elastic search is very much a product, it's owned by a company, not a foundation.

FOSS developers should contribute to projects and not products. Non-copyleft licenses seem to just be code for corporations to build upon, providing them free labor while getting little in return. At least with the GPL, you are getting a promise that they will make available their sources. Consider carefully your expectations when you license your software.

An example where a project/product hybrid somewhat works is web browsers. Generally speaking, there are several competitors trying to achieve something similar, and there are some attempts (however nebulous) to create standards bodies. The Elastic Search community could have done something similar and formed a standards body around some sort of specification.
Same "security professionals" suggested WhatsApp as a replacement. It really does not look good for them.
You might not like Svelte.
This isn't exactly right. Part of the debate was that Twitter is the platform and the platform should not censor. This left Trump without any authoritative criticism other than the sea of response tweets.

In a decentralized systems, you would have many platform providers, many decentralized features and also many filters. In a decentralized system, the filtering/curating holds less ethical baggage (ie just choose another filter you like more!). Curators are free to curate more heavily.

If there was one single email platform, every spam marking would be a political and ethical hill to die on. Instead its a non-issue.
Australian man survives crocodile attack by 'prising jaws off his head'
Because it’s not a free market. It’s a controlled market where market makers have all the power and they plainly flex it. I’m pretty disgusted with this as a whole. As others have pointed out in this thread, these funds have no problem margin calling the little guy but when they get in danger of losing their ass they can just bail out and hit the “off” button on the whole stock? Complete bullshit honestly.
I'll take a ban to say this is the dumbest thing I've read all week congratulations.
Very interesting thread. Thanks!
While I agree that private companies can do what they like, I am growing more concerned that we are being increasingly funneled into platforms that inevitably begin the "disneyfication" process once ad revenues are involved.
What does "moral diabetes" mean?
And this is how the speculation (I mean, stock) market works: some insiders get the lion share, a few lucky get some crumbs, and the majority absorbs the loses. In this case the lion didn't get his share, and it made him angry.
Interesting! I'd never heard of these
I have some direct career experience with this, and without getting into details, I think in the TSLA case (and related cases) the short sellers didn't do much aside from going on TV and saying "I'm short and this is my reasoning."

The media coverage (I don't want to use the pejorative word "manipulation" and I have no reason to believe the coverage was intentionally biased) largely favored Musk and his companies, at that time and in the present day.
A system could be built to handle this. Robinhood's likely hasn't been considering the notable outages they've had.
Then sub that with Italy, Spain and UK.
Think of it like so:

float distance_to_surface_of_model(x, y, z);

For every point in 3d space you can get the distance to the surface. So, if you have a camera you can shoot a ray into the scene and pick some points on it to ask if it is inside the model. if so you paint that pixel with the surface material of the model. Then it's just a matter of picking a good way of sampling points along the camera ray. usually this distance function is some basic math (distance to sphere or so). But here they take a 3d mesh and create a neural network that can answer the question of distance to it (since meshes are very slow at that).